Central Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Central Bank Amritsar Amritsar Punjab

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MICR Code	143016002
Bank	Central Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Amritsar
Contact
Bank Details	Central Bank Of India Amritsar CBIN0280338

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143001
Country	IN
Address	P.b.no.11, katra ahluwalia, amritsar

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 143016002 for Amritsar branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 143016002 of Central Bank Of India, Amritsar branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Amritsar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Central Bank Of India are available with micr code -

>>Amritsar >>Amritsar Regional Office >>Bhagtanwala >>Ccpc Amritsar >>Cemetary Road Amritsar >>Chowk Mehta >>Circular Road Amritsar >>Civil Lines Amritsar >>G.T.Rd. Amritsar >>Gumtala >>Guru Bazar Amritsar >>Gurunanak University Area Amritsar >>Hall Bazar Amritsar >>Majith Mandi Amritsar >>Sharifpura Amritsar

MICR code for Central Bank Amritsar

Central Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Central Bank Of India MICR code for Amritsar is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 143016002 is the MICR code of Central Bank India for Amritsar branch. MICR code for Amritsar branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Central Bank Of India Amritsar is presented in the table alongside.

Use of Central Bank Of India MICR code for Amritsar branch in amritsar

The MICR code 143016002 is used in RBI cheque clearing process to identify the branch Amritsar and Central Bank Of India bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Central Bank India is typically in either of these two font’s: E-138 and CMC-7.

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